Lowe's Companies is the world's second-largest home improvement retailer, operating 1,759 stores and outlets representing approximately 196 million square feet of retail selling space in the United States, plus over 540 branch locations in the United States and Canada including the acquired businesses Foundation Building Materials and Artisan Design Group. The company serves individual homeowners, renters, and small-to-medium professional customers including tradespeople, repair and remodelers, and property managers across DIY and do-it-for-me project categories.
Lowe's pursues an omnichannel strategy under its Total Home framework, focusing on five pillars: growing Pro customer penetration, accelerating online sales, expanding installation services through a network of independent and third-party installers, building a loyalty ecosystem (MyLowe's Rewards), and improving space productivity through localized and private-brand assortment optimization. The acquisitions of Foundation Building Materials and Artisan Design Group extend the company's reach to larger professional customers.
